Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»$18.5M worth of ARB tokens in motion as GFOX launch approaches
BLOCKCHAIN NEWS

$18.5M worth of ARB tokens in motion as GFOX launch approaches

By Crypto FlexsMarch 31, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
.5M worth of ARB tokens in motion as GFOX launch approaches
Share
Facebook Twitter LinkedIn Pinterest Email

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

As the official launch of the project approaches, pre-sales for Galaxy Fox (GFOX) are heating up.

For the short-term gains of Arbitrum (ARB), it looks like the party is over, or at least some cold water has been thrown on the fire.

With an additional $18.5 million heading to exchanges, analysts are divided on whether this is just a hurdle or a sign of things to come. Meanwhile, as the release of Galaxy Fox approaches, pre-orders are heating up.

ARB under pressure

Remember the massive $2.32 billion token unlock from Arbitrum in early March? It seems the aftershocks are still coming. Blockchain data platform Lookonchain has identified another pod of whales and moved $18.5 million worth of ARB to Binance. This follows a previous exodus in which ARB whales transferred a whopping $58 million following the unlocking of Arbitrum’s tokens.

Opinions are swirling in the cryptocurrency world. Some people on the message board are remaining optimistic, arguing that this is not a “bearish signal.” But others are less confident, with some predicting that ARB will not “go up” any further.

Let me rewind a bit. When $2.3 billion worth of tokens were expected to be unlocked, many predicted a potential “dump.” Unfortunately, that prediction appears to be true. ARB price hit a high of $2.22 on March 13 and then went into free fall, falling to $1.84 just before the unlock date. The token has since shown some volatility, fluctuating between $1.48 and $1.79.

Plus, things may not get better anytime soon. Token Unlocks, a cryptocurrency vesting tracker, reveals another 92.65 million ARB tokens scheduled to be released to advisors, teams, and investors on April 16. So, buckle up because this bumpy ride may have a few more twists and turns.

Galaxy Fox: A meme coin with utility

The outlook for ARB may be somewhat shaky, but there are greener pastures ahead. If you’re an investor looking for long-term profits, Galaxy Fox may be worth a look. Here’s why Galaxy Fox is poised to become the breakout meme coin of 2024.

  • Galaxy Fox transcends the typical meme coin hype. This engaging Web3 runner game features a Play-to-Earn (P2E) model that allows users to compete for prizes each season. It’s a win-win. Gamers can have a great time and potentially make money, creating a loyal and engaged community.
  • You can generate passive income within the Galaxy Fox ecosystem by staking your tokens. This adds another layer of earning potential and encourages long-term holding.
  • Galaxy Fox boasts a deflationary token structure. A portion of every transaction is burned, permanently reducing the total supply of GFOX tokens. This principle of scarcity helps prevent inflation and naturally causes prices to rise over time.
  • Galaxy Fox integrates a collection of 3,000 of the coolest NFT assets into its ecosystem. Owning these coveted digital assets can grant you exclusive in-game perks and allow you to participate in the burgeoning NFT market.
  • Community is king in the cryptocurrency world, and Galaxy Fox prioritizes building a strong community. The Stargate Fund, powered by transaction fees, powers community initiatives and ensures the ecosystem thrives after launch. Additionally, the Merchandise Store provides another avenue for participation, allowing users to earn rewards in GFOX tokens.
  • Many analysts are incredibly optimistic about the Galaxy Fox, predicting that its price will likely rise 100-fold by the end of the year. With pre-sale fundraising of over $5.3 million and a token cost of only $0.00364 at the final stage, GFOX is a token with growth potential.

As the cryptocurrency landscape continues to evolve, opportunities abound for those willing to seize the moment and embrace innovation.

To learn more about this project, Visit the Galaxy Fox Pre-sale or join the community

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

British trail EU, US encryption regulation, think tank warning

June 22, 2025

ZKJ Crypto Price Pumps 20%: Dead Cat Bounces?

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Coinbase estimates a 30-40% chance of spot ETH ETF approval by the end of the month.

May 18, 2024

Ready to fight price predictions: RTF backed by world boxing champion Oleksandr Usyk surges 36% as experts say this could be the next cryptocurrency to explode

May 12, 2024

Can Dogwifhat (WIF) recover from a failed breach?

May 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.